Last update: Oct 2026

Cost of Living Comparison Between Toronto and Laramie, WY

For one person, living is cheaper in Laramie, WY: $2,228 a month against $2,530 in Toronto, rent and utilities included – about $3,600 less a year. Higher rent and utilities in Toronto outweigh lower spending on other living expenses.

125

Cost of Living Index in Toronto
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Toronto Living Index
110

Cost of Living Index in Laramie, WY
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Laramie, WY Living Index

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Toronto

🇨🇦 Canada

$2,530

/mo nomad

Laramie, WY

🇺🇸 United States

$2,228

/mo nomad

Monthly Cost of Living

How much you'll spend in Toronto and in Laramie, WY

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Toronto and in Laramie, WY actually costs, broken down by who's living it.

A single person spends $2,530 per month in Toronto vs $2,228 in Laramie, WY, rent included.

Toronto $2,530
Laramie, WY $2,228

A couple spends around $3,646 per month in Toronto vs $3,084 in Laramie, WY, rent included.

Toronto $3,646
Laramie, WY $3,084

A family of three spends $4,761 per month in Toronto vs $3,939 in Laramie, WY, rent included.

Toronto $4,761
Laramie, WY $3,939

Toronto costs about 14% more than Laramie, WY, and outside of rent the biggest gap is in transport.

Both Toronto and Laramie, WY sit above the global median – Toronto by 89%, Laramie, WY by 66%.

Meal at Budget Restaurant

$17.67 CA$25.19

$19.76 $19.76

-10.58%

Three-Course Dinner for Two, Mid-Range

$77.4 CA$110

$55.9 $55.9

38.50%

Fast Food Meal (McDonalds, etc)

$10.47 CA$14.93

$13.14 $13.14

-20.32%

Cappuccino

$4.08 CA$5.81

$5.19 $5.19

-21.39%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.12 CA$3.02

$2.73 $2.73

-22.34%

Water (0.33 liter bottle)

$1.76 CA$2.51

$2.23 $2.23

-21.08%

Local Beer (0.5 liter draught)

$6.17 CA$8.80

$4.52 $4.52

36.50%

Imported Beer (0.33 liter bottle)

$6.89 CA$9.82

$6.01 $6.01

14.64%

Milk (1 liter)

$2.43 CA$3.46

$0.87 $0.87

179.31%

White Bread (500g)

$2.75 CA$3.92

$3.03 $3.03

-9.24%

Rice (white) (1kg)

$2.23 CA$3.18

$4.30 $4.30

-48.14%

Eggs

$3.45 CA$4.91

$2.97 $2.97

16.16%

Local Cheese (1kg)

$8.93 CA$12.73

$15.04 $15.04

-40.63%

Chicken Fillets (1kg)

$11.44 CA$16.31

$12.56 $12.56

-8.92%

Beef Round Steak (1kg)

$14.61 CA$20.83

$14.51 $14.51

0.69%

Apples (1kg)

$3.75 CA$5.34

$3.80 $3.80

-1.32%

Banana (1kg)

$1.15 CA$1.64

$1.43 $1.43

-19.58%

Oranges (1kg)

$3.55 CA$5.06

$4.34 $4.34

-18.20%

Tomato (1kg)

$4.28 CA$6.10

$4.16 $4.16

2.88%

Potato (1kg)

$1.85 CA$2.63

$2.39 $2.39

-22.59%

Onion (1kg)

$1.67 CA$2.38

$2.62 $2.62

-36.26%

Lettuce (1 head)

$2.22 CA$3.16

$2.27 $2.27

-2.20%

Water (1.5 liter bottle)

$1.21 CA$1.72

$1.92 $1.92

-36.98%

Cigarettes 20 Pack (Marlboro, Camel)

$13.88 CA$19.78

$9.20 $9.20

50.87%

Wine (Bottle)

$14.25 CA$20.31

$11.88 $11.88

19.95%

Local Beer (0.5 liter bottle)

$2.20 CA$3.13

$3.28 $3.28

-32.93%

Imported Beer (0.33 liter bottle)

$2.42 CA$3.45

$4.61 $4.61

-47.51%

One-way Ticket (Public Transport)

$2.42 CA$3.44

Public Transport Monthly Pass (Regular Price)

$111 CA$158

Taxi Start (Normal Tariff)

$2.90 CA$4.13

$3.81 $3.81

-23.88%

Taxi (Normal Tariff) (1km)

$1.26 CA$1.80

$1.37 $1.37

-8.03%

Taxi 1hour Waiting (Normal Tariff)

$22.03 CA$31.40

$25.14 $25.14

-12.37%

Gasoline (1 liter)

$1.22 CA$1.74

$0.92 $0.92

32.61%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.6K CA$39.4K

$25.1K $25.1K

10.08%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$19.8K CA$28.3K

$25.6K $25.6K

-22.57%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$122 CA$174

$196 $196

-37.90%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$32.03 CA$45.66

$93.1 $93.1

-65.58%

Internet (50+ Mbps, Unlimited Data)

$47.92 CA$68.3

$86.7 $86.7

-44.72%

Gym Membership (Monthly)

$38.90 CA$55.5

$39.86 $39.86

-2.41%

Tennis Court (1 Hour on Weekend)

$23.24 CA$33.12

Cinema Ticket

$12.61 CA$17.97

$10.67 $10.67

18.18%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$834 CA$1,189

$1,516 $1,516

-45.01%

International Primary School, 1 Child (Yearly)

$23.3K CA$33.3K

$24.3K $24.3K

-4.07%

Jeans (Levis 501 Or Similar)

$52.6 CA$75.0

$58.8 $58.8

-10.51%

Summer Dress (H&M, Zara, etc)

$40.26 CA$57.4

$35.24 $35.24

14.25%

Sport Shoes (Adidas, Nike)

$96.2 CA$137

$81.8 $81.8

17.63%

Men's Leather Business Shoes

$123 CA$175

$102 $102

20.85%

1-bedroom Apartment, City Center (Monthly)

$1,598 CA$2,278

$825 $825

93.68%

1-bedroom Apartment, Outside City Center (Monthly)

$1,435 CA$2,045

$1,005 $1,005

42.71%

3-bedroom Apartment, City Center (Monthly)

$2,657 CA$3,787

$1,363 $1,363

94.99%

3-bedroom Apartment, Outside City Center (Monthly)

$2,096 CA$2,988

$1,312 $1,312

59.78%

Buy Apartment in City Center (m2)

$8,033 CA$11.5K

$2,275 $2,275

253.08%

Buy Apartment Outside City Center (m2)

$6,557 CA$9,347

$2,256 $2,256

190.72%

Average Monthly Net Salary (After Tax)

$3,743 CA$5,335

$3,929 $3,929

-4.73%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

6.72

-33.48%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Toronto: October 4, 2026

Last update for Laramie, WY: October 5, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Toronto

$1.4K 55.4%

Laramie, WY

$1K 44.3% 29.9% $429

Groceries & Markets

Toronto

$340 13.1%

Laramie, WY

$379 16.7% 11.5% $39

Eating Out

Toronto

$282 10.9%

Laramie, WY

$314 13.8% 11.5% $32

Monthly Utilities & Internet

Toronto

$202 7.8%

Laramie, WY

$376 16.6% 86.3% $174

Clothing & Footwear

Toronto

$140 5.4%

Laramie, WY

$125 5.5% 11% $16

Getting Around

Toronto

$130 5%

Laramie, WY

$11 * 0.5% 91.8% $119

Sport & Entertainment

Toronto

$64 2.5%

Laramie, WY

$61 2.7% 4.5% $2.9

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,598 in Toronto versus $825 in Laramie, WY. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 5% higher in Laramie, WY, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $77.0 in Toronto versus $56.0 in Laramie, WY. Groceries tell a different story – $340 in Toronto vs $379 in Laramie, WY – so Toronto wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Toronto

🇺🇸 Laramie, WY

🕒 Local time

05:43 5:43 AM

03:43 3:43 AM

2 h behind Toronto

🌤 Weather

👥 Population

2,731,571

32,909

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1 USD = 0.892 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 11, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

United States Dollar exchange rates as of October 11, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Toronto Laramie, WY 2,160 km ≈ 3 h 15 min nonstop flight

From you

Toronto
Laramie, WY

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Toronto vs Laramie, WY: Cost of Living - Frequently Asked Questions

Yes – Toronto is pricier by about 14%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $3,795 per month in Toronto and $3,343 in Laramie, WY. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Laramie, WY, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $77.0 in Toronto and $56.0 in Laramie, WY. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 11% cheaper in Toronto – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,500 monthly budget goes further in Laramie, WY, where all-in costs run around $2,228, than in Toronto at $2,530. In Laramie, WY it covers expenses comfortably, while in Toronto it requires careful planning or may not stretch far enough.

Families tend to lean toward Laramie, WY – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Laramie, WY. If higher salaries, better infrastructure, or specific career opportunities are the priority, Toronto makes more sense. Both are solid long-term options with distinct trade-offs.